As charted is the question
Supporting this hypothesis:
Target? 3k
Best entry would be 8.5k (look at the green 200D SMA on this chart)
Personal opinion only
Supporting this hypothesis:
- Overbought
- Death cross
- Inverse H&S target reached
- 200D & 350D MA resistance
- Lots of hope & bravado from bulls
- Still no volume
Target? 3k
Best entry would be 8.5k (look at the green 200D SMA on this chart)
Personal opinion only
Note
either it goes down from here or, more likely, there's one last bounce:
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.